Construction and materials industries

Seven steps toward acquiring a community

Article Abstract:

Prospective investors in real estate should insure that the deal is worth it. There are seven rules which should serve as a checklist for anyone interested in purchasing property: learn as much as possible about the general kind of property involved; research the specific lot thoroughly; pinpoint the motives behind the sale; negotiate; go into the offer with a legal contract; double check all the provided information; and know how mortgage underwriting guidelines will affect the sale of the property.

MH communities prove a better investment than apartments

Article Abstract:

The operating expense ratios of manufactured housing rental communities are compared with the Income/Expense Analysis data on conventional apartments, which was provided by the Institute of Real Estate Management. The survey statistics document and support the belief that the operating expenses of a manufactured home community will generally drop 10% over the same time period as a neighboring conventional apartment complex with the same rental income potential.

Good forms fill in the blanks in community management

Article Abstract:

PMN Publishing Inc has developed a series of business forms designed specifically to help market and manage manufactured housing communities. These forms include guest cards, weekly prospect reports, purchasing comparison charts, property management report cards, incident/accident reports and property information sheets. PMN also produces more specialized forms, such as an invoice distribution summary.